Retaggio Industries IPO Allotment Status

Summary

Retaggio Industries Limited, incorporated in 2022, is engaged in the manufacturing of jewelry, including necklaces, bracelets, earrings, and other decorative pieces. The Retaggio Industries IPO comes with a total issue size of ₹15.50 crore, comprising entirely a fresh issue of 61.98 lakh shares. The IPO opened on March 27, 2025, and closed on April 2, 2025. The allotment date for the Retaggio Industries IPO is expected to be finalized on Thursday, April 3, 2025.

Steps to Check Retaggio Industries IPO Allotment Status on Registrar Site

• Visit Bigshare Services Pvt Ltd website
• Select "Retaggio Industries IPO" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Retaggio Industries IPO Allotment Status on BSE

• Navigate to the BSE SME IPO Allotment Status Page
• Choose "Retaggio Industries IPO" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Retaggio Industries IPO Subscription Status

Retaggio Industries IPO received moderate investor interest, being subscribed 1.86 times overall. Here is a category-wise breakdown of the subscription as of 6:19:32 PM on April 2, 2025:

• Retail Category: 2.57 times
• Non-Institutional Investors (NII): 1.16 times

Utilization of IPO Proceeds 

The funds raised through the IPO will be utilized as follows:

• Debt Repayment: Repayment/Prepayment of Certain Debt Facilities
• Working Capital Requirements: Funding working capital needs of the company

Business Overview 

The company is a jewelry manufacturer with extensive experience in the B2B sector and offers high-end, heritage pieces known for exceptional craftsmanship and unique designs. Retaggio Industries began as M/s Vaibhav Gems in 2012. In 2022, Mr. Savinay Lodha expanded the business by establishing Retaggio Industries Limited, acquiring M/s Vaibhav Gems through a Business Transfer Agreement. The company has an in-house design team focused on customer needs, market analysis, and offering a wide product range including rings, bangles, earrings, and necklaces, with a team of 15 employees as of March 03, 2025.